Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans From the following balances, prepare Trading Account, Profit & Loss Account and Balance sheet Machinery 35,0000 Debtors 27,0000 1.00K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Balance Sheet of Amit as at 31st March, 2023 arranging the assets and liabilitites – (i) in order of permanence, and (ii) in order of liquidity 1.56K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Balance Sheet as at 31st March, 2023: Capital 40,000 Drawings 4,400 1.38K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Profit & Loss Account for the year ended 31st March, 2023 from the following information: Gross Profit 12,00,000 Rent 50,000 1.55K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Profit & Loss Account of Sohan for the year ended 31st March, 2023: 917 viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, preapre Trading Account for the year ended 31st March | Adjusted Purchaes ₹ 6,60,000; Sales ₹ 7,44,000; Closing Stock ₹ 50,400 796 viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Trading Account for the year ended 31st March 2023 Stock on 1st April, 2022 40,000 1.19K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Determine Gross Profit from the following Opening Stock 20,000 Closing Stock 18,000 833 viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Trading Account from the transactions given below Opening Stock 23,000 Purchases 29,000 842 viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Rishabh owed ₹ 20,000 to Saurabh. On 1st October, 2023, Rishabh accepted two bills drawn by Saurabh one for ₹ 8,000 and another for ₹ 12,000, the term of both the bills being two months 1.84K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Yashpal owed money to Srinivas and hence accepted two bills each of ₹ 9,700 of three months duration drawn on him by the latter, on 1st July, 2023 1.86K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Amar sold goods to Baren for ₹ 40,000 on 1st January, 2023. Baren accepted a bill for 3 months on that date for ₹ 40,000 1.78K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans A sold goods to B for ₹ 12,000. He took a bill at 3 months dated 1st July, 2023. On 4th August, A discounted the bill @ 5% p.a. with his bank 2.02K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans On 1st January, 2023, A drew upon B for goods sold, a bill at 3 months for ₹ 10,000. A discounted the bill with his bank, who charged ₹ 150 for discounting the bill 1.80K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans On 1st January, 2023, Vinod buys goods from Ramesh for ₹ 30,000 subject to deduction of 10% trade discount 1.49K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans On 1st May, 2023 Ankur sold goods to Basu for ₹ 20,000 and drew a bill of exchange on him, payable after 3 months 2.05K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans On 15th April, 2023, A agrees to draw on B, who is his debtor for ₹ 24,000, three bills of exchange: No. 1 for ₹ 7,000 at month, No. 2 for ₹ 8,000 at 2 months and No. 3 for ₹ 9,000 at 3 months 1.46K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans On 1st January, 2023, X sold goods to Y for ₹ 45,000 on credit, X drew 3 bills on him: first bill for ₹ 10,000 for 1 month, second bill for ₹ 15,000 for 2 months and third bill for ₹ 20,000 for 3 months 1.70K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans On 1st May, 2023, Merchant & Co. sold goods to AB & Co. of ₹ 50,000 and drew upon them a bill at 3 months for the amount. AB & Co. accepted the draft on presentation 1.55K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Rama sold goods for ₹ 12,000 to Reshma on 1st January, 2023. On the same date Rama draws a bill on Reshma for ₹ 12,000 for a period of 3 months 1.66K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans A purchases goods of ₹ 62,000 from B. A gives his acceptance for ₹ 62,000. B purchases goods worth ₹ 1,00,000 from C and endorses the bill to him, paying the balance by cheque 1.28K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Amar purchased goods of ₹ 10,000 from Bimal on 1st January, 2023. Amar accepts a bill for 1 month drawn by Bimal for the same 1.68K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Record the following transactions in the books of Sharma: Sharma’s acceptance in favour of Banerji for ₹ 2,000 dishonoured. Banerji agreed to receive ₹ 1,000 in cash and a new bill at 3 months for ₹ 1,000. Interest @ 6% p.a. is to be paid immediately by cash 1.33K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Ram’s acceptance for ₹ 20,000 renewed for 3 months, plus interest @ 5% p.a 1.44K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange 0 Votes 1 Ans Record the following transactions in the books of Mehta Mehta’s acceptance for ₹ 2,500 retired before due date for a discount of ₹ 50. 1.67K viewsAnurag Pathak Changed status to publish October 25, 2023Bills of Exchange « Previous 1 2 … 108 109 110 111 112 … 169 170 Next » Question and answer is powered by anspress.net
